This is like a person I know back then who doesn't want to pay his due to the government, so he lives like 10 years without paying anything but the government caught up on him and know he has to suffer the consequences. So Goodluck to you.

Thanks for the good wishes. What I'd like to point out that I intended this thread to be about how to minimize tax on profits involving crypto without having to move your tax residence to any exotic country people always talk about. Not to start a discussion about whether one should work on minimizing their taxes or not in general. So if someone generally disagrees with the concept of not 'always telling only the truth and the entire truth' to the taxman, then he/she disagrees with the entire concept and I get it. So I am sorry if some of you misunderstood this but this discussion is intended to be about HOW to implement it in a smart, prepared, thought out and cheap way.
Don't get me wrong, I totally understand where you coming from, but I guess everyone here doesn't want to go to a lot of hassle just for the sake of reducing or not paying their tax. Maybe I just see people around me back in the days or even up to now, trying to take advantage of the loopholes. Perhaps others will find your 'suggestions' and might go that route, or others doesn't want to make things complicated, vis-a-vis.